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Genting Singapore reports 3QFY2021 earnings of $60.7 million, up 11% y-o-y

The Edge Singapore
The Edge Singapore11/9/2021 5:43 PM GMT+08  • 1 min read
Genting Singapore reports 3QFY2021 earnings of $60.7 million, up 11% y-o-y
Genting Singapore sees a potential outflow of local visitors with more VTLs.
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Genting Singapore has reported a lower revenue of $251.5 million for 3QFY2021, down 16% y-o-y.

Yet, earnings increased by 11% y-o-y to $60.7 million, as the company wrote back $45.9 million in accounting accrual related to the bid for the Yokohama integrated resort project that was spiked by a newly-elected mayor.

See: Genting's big bet on Vegas

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